S. Korea's PC exports up 15.7% in 2020
Feb 17, 2021 23:57 pm UTC| Business Economy
South Koreas personal computer (PC) shipments totaled 5.26 million units in 2020, up 15.7 percent from a year ago, due to the rise of online education and remote working amid the pandemic. According to market researcher...
Spain could convert the Nissan plant into a EV battery factory to save jobs
Feb 16, 2021 23:59 pm UTC| Economy
Spain may convert Nissans main car plant in Barcelona into an electric car battery production facility to preserve thousands of jobs. Nissans three plants in the Barcelona area directly employ around 3,000 people and...
Demand for container ships boosts outlook for Asian shiyards
Feb 16, 2021 23:56 pm UTC| Economy
The container ships on order rose by 23 to 201 last week, the biggest weekly gain in two years, boosting the outlook for Asian shipyards. Some of the worlds largest container-shipping lines are ordering new vessels to...
Bangladesh eyes $20 billion industrial zone investment as Japanese firms exit China
Feb 16, 2021 23:53 pm UTC| Economy
Bangladeshs 1,000-acre industrial zone in the Araihazar subdistrict is expected to bring in $20 billion in Japanese investments as Japan seeks to relocate manufacturing plants out of China. . Japan, which added...
Bill Gates bothered by manufacturing sector's impact on climate goals
Feb 16, 2021 23:43 pm UTC| Economy
Bill Gates said that he is bothered neither governments nor investors are looking hard to solve the problem of climate-warming emissions created by the manufacturing sector. He pointed out that there is currently no way...
Samsung, SK Hynix forced to amplify job hiring in S. Korea due to chip shortage
Feb 16, 2021 09:36 am UTC| Business Economy
Samsung Electronics and SK Hynix are said to be planning to expand their job hiring in the coming days. The South Korean companies were forced to look and hire more people as the demand for chips around the world has...
Japan’s economy up 12.7% in Q4, slowing down from 22.7% in Q3
Feb 15, 2021 23:42 pm UTC| Economy
Japans economy grew an annualized 12.7 percent in the fourth quarter, slowing from a 22.7 percent surge in the previous quarter when it got a boost from pent-up demand after the lifting of a previous state of emergency in...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects